Mexican integrated steelmaker Altos Hornos de Mexico, AHMSA, has reported net profit of MXN 358 million (USD 17.4 million) for 2021 from a net loss of MXN 2.18 billion (USD 106.5 million) in 2020. AHMSA’s EBITDA in 2021 was USD 123 million, up from an EBITDA loss of USD 44 million in Net revenues in full-year 2021 totaled MXN 12.68 billion (USD 617.6 million), 145.8% YoY-------------------2021 Highlights-------------------Crude Steel - 2.0 million tonne, up 5.2% YoYFlat Products - 1.92 million tonne, up by 100,000 tonnes YoYAltos Hornos de Mexico is the largest integrated steel plant in Mexico. It has corporate offices in Monclova in the center of the Mexican state of Coahuila, 155 miles from the United States border. It produces flat rolled carbon steel, heavy structural shapes and plates
Mexican integrated steelmaker Altos Hornos de Mexico, AHMSA, has reported net profit of MXN 358 million (USD 17.4 million) for 2021 from a net loss of MXN 2.18 billion (USD 106.5 million) in 2020. AHMSA’s EBITDA in 2021 was USD 123 million, up from an EBITDA loss of USD 44 million in Net revenues in full-year 2021 totaled MXN 12.68 billion (USD 617.6 million), 145.8% YoY-------------------2021 Highlights-------------------Crude Steel - 2.0 million tonne, up 5.2% YoYFlat Products - 1.92 million tonne, up by 100,000 tonnes YoYAltos Hornos de Mexico is the largest integrated steel plant in Mexico. It has corporate offices in Monclova in the center of the Mexican state of Coahuila, 155 miles from the United States border. It produces flat rolled carbon steel, heavy structural shapes and plates